Procurement Lead

Humana

22h • $104,000 - $143,000 • Remote

About The Position

The Procurement Lead generates and implements efficient sourcing and category management strategies. Reporting to the Procurement Director, you will manage our supply portfolio ensuring transparency of spending. The Procurement Lead works on problems of diverse scope and complexity ranging from moderate to substantial. The Procurement Lead complies with federal and state regulatory guidelines. Reconcile purchases with invoices from vendors, validate pricing and contract compliance. Monitor sales and margins through vendor negotiations and promotional opportunities. Deal with the pharmaceutical companies for drug purchasing. Advise executives to develop functional strategies (often segment specific) on matters of significance. Exercise independent on complex issues regarding job responsibilities and related tasks, and works, Uses requiring analysis of variable factors and determining the best course of action.

Requirements

• 4+ years of experience procurement sourcing/supply chain/vendor management or contracting experience
• Sourcing experience with RFI/RFQ/RFP
• Experienced in negotiations with third parties
• Experience building category strategies
• Experience conducting financial analyses to support business proposals
• Experience partnering and presenting to leadership
• Outstanding communication and interpersonal skills, including assertiveness, courage, and the ability to influence others
• Excellent relationship management skills, demonstrating mature confidence and integrity
• Business analysis skills to drive and implement sourcing programs and services aligned with business partner strategies
• Demonstrated ability to work autonomously, both as a lead and as a part of a team
• Ability to work in a team environment to collate and act upon feedback from all levels within the business and sourcing environments
• Will accommodate EST/CST working hours

Nice To Haves

• Experience with procurement outsourcing services
• College degree in Finance, Business or another related field
• Project Management
• Spend analytics & reporting

Responsibilities

• Work with leadership to develop category strategies based on sourcing profession best practices, including supply market analyses, Porter's Five Forces, should-cost models, process and domain expertise
• Develop risk- and probability-adjusted multi-year savings forecasts and annual savings goals
• Leverage internal and external resources, as part of the operating model, to in the most efficient way
• Oversee analysis of qualitative and quantitative supplier characteristics, including supplier capabilities, supplier goals, risk profile, and supplier's financial position for requisite categories
• Implement a supplier segmentation program that differentiates the sourcing/management model for different supply categories and suppliers
• Develop multi-year sourcing pipelines that create total value, including cost savings and supplier development for Humana
• Work with the Continuous Improvement team for multi-team project implementations
• Bring corporate compliance to the preferred-supplier program through end-user change management and communications programs
• Work with Procurement Operations and Corporate Payables to guarantee a seamless experience for associates
• Develop and implement leading sourcing practices for environmental sustainability and supplier code of conduct
• Mitigate legal and commercial risk for Humana

Benefits

• medical
• dental
• vision benefits
• 401(k) retirement savings plan
• time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave)
• short-term and long-term disability
• life insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree